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Investing
The housing market just reached an incredible milestone
The total value of the housing market now exceeds $1 trillion in eight US cities, doubling from just four cities last year and…
Samsung is recalling 1 million stoves to prevent pets from setting your home on fire
Samsung is recalling knobs on some of its electric stoves, warning that fires can be set off if pets — or even humans — bump into…
Unemployment claims fall: A welcome sign for America’s slumping job market
First-time claims for unemployment benefits fell last week, putting some of the worst recession fears on hiatus.…
Warner Bros. Discovery signals rapid deterioration of television business, sending stock plummeting
David Zaslav had a particularly tough day.The Warner Bros. Discovery boss watched Wednesday afternoon as his company’s already anemic…
Boeing’s new CEO is already making an overdue change his first day on the job
Today is Kelly Ortberg’s first day as CEO of Boeing. He’s already winning praise – for his work location.…
Why Jay Powell refuses to be bullied by Wall Street
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
Japan’s stock market rally fades as fear returns
A comeback rally in Japanese stocks has quickly lost steam, as the specter of a US economic slowdown and further yen volatility cast a…
Japan stock rally fades as fear returns to the markets
A comeback rally in Japanese stocks has quickly lost steam, as the specter of a US economic slowdown and further yen volatility cast a…
Costco is cracking down on membership moochers
Costco knows you’re using your friend’s membership card. To save you the embarrassment of telling you off when you’re in the checkout…
Americans just can’t quit their giant, gas-burning trucks
American drivers are still in love with big, gas-burning trucks and SUVs, and automakers are as eager ever to build them – even as US…